Swiss Re AG (OTCMKTS:SSREY) Short Interest Update

Swiss Re AG (OTCMKTS:SSREY) was the recipient of a large decline in short interest in the month of February. As of February 28th, there was short interest totalling 9,100 shares, a decline of 44.5% from the February 13th total of 16,400 shares. Currently, 0.0% of the shares of the company are sold short. Based on an average daily volume of 28,200 shares, the short-interest ratio is currently 0.3 days.

Analyst Ratings Changes

A number of research analysts have issued reports on SSREY shares. Citigroup raised shares of Swiss Re to a “strong-buy” rating in a research note on Monday, November 18th. The Goldman Sachs Group raised shares of Swiss Re from a “strong sell” rating to a “hold” rating in a research note on Friday, December 13th. Keefe, Bruyette & Woods raised shares of Swiss Re from a “moderate sell” rating to a “hold” rating in a research note on Wednesday, November 20th. Finally, Hsbc Global Res lowered shares of Swiss Re from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, January 22nd. Three research analysts have rated the stock with a hold rating and three have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Buy”.

Swiss Re Trading Up 0.7 %

Shares of OTCMKTS:SSREY traded up $0.31 during trading on Friday, reaching $41.81. The company had a trading volume of 13,590 shares, compared to its average volume of 18,796. The firm’s fifty day moving average is $38.90 and its 200 day moving average is $36.20. Swiss Re has a twelve month low of $26.66 and a twelve month high of $41.86.

Swiss Re Company Profile

Swiss Re AG, together with its subsidiaries, provides wholesale reinsurance, insurance, other insurance-based forms of risk transfer, and other insurance-related services worldwide. The company operates through three segments: Property & Casualty Reinsurance, Life & Health Reinsurance, and Corporate Solutions.